Contracted Medical Transport Business for sale

Bergen County, New Jersey

Business Summary: LISTING ID # 34755Growth upon Growth upon Growth The State of New Jersey has contracted with this company to transport Medicaid patients to and from medical treatment facilities. Headquartered in Bergen County and serving Bergen and Passaic County, the owner of this business is seeking to retire after twenty years of hard work. Competition in this industry is limited due to the time and cost to obtain licenses, contract with the state and meet the driver, vehicle and state insurance requirements. Because of the limited competition, the businesses that have met these requirements are highly profitable and the licenses have real value beyond their immediate earnings. This particular business averages $320 per trip paid by the state which is 7 to 8 times above the norm and since the industry is served by small, independently owned companies, the roll-up opportunities and the ability to service additional counties offer unlimited potential. Building a Better Future for You and Your Family For more information, please contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34755 for instant access to this business information.
Year Business was Established: 2002
Number of Employees: 14FT
Owner willing to finance: 800,000.00 Down & Balance at terms TBD
Owner willing to train: Seller will train
Reason for selling: Retiring